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Top Trumps: Asia Pacific ex-Japan equities – 13 August 2026

This week FSA compares two Asia Pacific ex-Japan equity funds: the Fidelity Asian Special Situations fund and the JPMorgan SAR Asian fund.

Source: FE Fundinfo. All relevant fund data converted to US dollars for comparative purposes. Performance, alpha and volatility are annualised over three years with data as reported at the end of last month. Information ratio (IR) aims to measure a portfolio manager’s consistent ability to generate excess returns relative to a benchmark. The higher the IR, the more consistent the manager is.

Based on the popular 80s card game, each week we select an asset class and use FE fundinfo data to compare two funds based on their three-year performance, assets under management, alpha, volatility, ongoing charges and information ratio to decide which is the Top Trump.

This week, the JPMorgan SAR Asian fund defeats the Fidelity Asian Special Situations fund: 5-1

Fidelity Asian Special Situations fund

The fund aims to achieve capital growth long term and invests at least 70% (and normally 75%) of its assets, in equities of companies that are listed, headquartered or do most of their business in Asia (excluding Japan) including emerging markets.

Top 10 holdings:

  1. TSMC 9.8%
  2. SK Hynix 9.4%
  3. Samsung Electronics 9.4%
  4. Mediatek 4.1%
  5. Tencent 4.0%
  6. Samsung Electro Mechanics 4.0%
  7. Uinimicron Technology 3.2%
  8. Elite Material 3.1%
  9. Advanced Micro-Fabrication Equiptment inc China 3.0%
  10. Ase Tech 2.9%

JPMorgan SAR Asian fund

The fund aims to provide investors with long term capital growth in US dollar terms
through a portfolio consisting primarily of securities of companies based or operating principally in the Asia-Pacific region, excluding Japan and Hong Kong.

Top 10 holdings:

  1. Samsung Electronics 10.0%
  2. SK hynix 10.0%
  3. Taiwan Semiconductor Manufacturing 9.8%
  4. BHP Group 3.5%
  5. Delta Electronics 3.1%
  6. MediaTek 2.5%
  7. Hon Hai Precision 2.1%
  8. Cwth Bk Australia 1.9%
  9. DBS Group Holdings 1.8%
  10. Elite Material 1.7%

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